SGInnovate
Government fundSingapore · Seed–Series A · 24 people tracked
Find your way into SGInnovate
908 people in our graph share verified history with the SGInnovate team — schools, employers, funds. One of them is your warm intro.
Investment thesis
SGInnovate focuses on growing Singapore's emerging deep tech domains, backing science- and technology-based startups tackling significant challenges. Beyond capital, it develops deep tech talent at every career stage via traineeships, courses and job placement, and works to forge connections between businesses, organisations and talent to catalyse innovation across the ecosystem. Its mission centers on empowering innovators and building a robust deep tech community in Singapore.
Source: firm website, verified Aug 3, 2026.
Team · 24 people
from the firm's website
What they invest in
from 21 of 23 portfolio companiesAI & Machine Learning ×9Deep Tech ×5SaaS ×5Biotech ×4Climate Tech ×4Enterprise Software ×4Advanced Manufacturing ×3Cleantech ×3
HQs:Singapore×14United States×5United Kingdom×1Israel×1
Who they back
founder profiles across 5 portfolio companiesAccelerator rootsportfolio companies that came through a program
Investments · 23 tracked
founders shown can be your intro pathBy year:2025 · 32021 · 22019 · 16 dated
Accelerated Materials develops microreactor platforms for the synthesis and scaled production of nanomaterials, serving R&D teams and manufacturers moving from laboratory to commercial volumes.
Advanced ManufacturingAI & Machine LearningDeep TechNew MaterialsCambridge, GB
Nicholas A. Jose(Founder)in
Co-investorsUntroD Capital
Ackcio builds wireless monitoring systems and devices for industrial and geotechnical operations, used above ground and below ground to increase safety, manage risk, and monitor critical infrastructure.
Advanced ManufacturingConstruction TechEnterprise SoftwareHardwareIoTSingapore, SG
Mobashir Mohammad(Co-founder and CEO)inNimantha Baranasuriya(Co-founder and Non-Executive Director)inKenny Wang(COO)in
Co-investorsAngelCentralEntrepreneur FirstFoundamentalWavemaker PartnersSEEDS Capital
Affable built analytics software that applied computer vision to social media content in order to score and rank influencers on audience fit and engagement.
Enterprise SoftwareMarketing TechSingapore, SG
Nisarg Shah(CEO)inSwayam Narain(CTO)in
Co-investorsAngelCentralEntrepreneur FirstMarlin Equity PartnersDecacorn CapitalPrime Venture Partners
Ai Palette is an AI-powered consumer insights platform for CPG brands, using billions of data points from search, social, and e-retail sources to identify trends and generate product and marketing concepts.
AI & Machine LearningData & InfrastructureLogistics & Supply ChainMarketing TechMedia & EntertainmentRetail TechSaaSSingapore, SG
Som GanChoudhuri(CEO)inHimanshu Upreti(Cofounder)inSOMSUBHRA CHOUDHURI
Co-investors500 GlobalAgFunderEntrepreneur FirstExfinity VenturesKickstart InnovationTin Men Capital+2 more
SGInnovate is a Singapore-based organisation that supports the development of Deep Tech companies through talent programmes, a Deep Tech-focused job marketplace, and startup funding and investment activities.
Deep TechSingapore, SG
Co-investorsPix Vine Capital
Allay Therapeutics develops localized pain management technology designed to deliver several weeks of post-surgical pain relief.
BiotechHealthtechMedical DevicesSan Jose, US
Adam Gridley(Executive Officer, Director)inKristen Howells(Executive Officer)inJosh Makower(Director)Tak Cheung(Director)inKarun D. Naga(Executive Officer, Director)
BoardLeighton Read(Director)
Co-investorsArboretum VenturesLightstone VenturesNew Enterprise Associates (NEA)ClavystBio
Amai develops novel proteins through precision fermentation, starting with a sweet protein derived from nature that can reduce sugar in food products by 40-70% while maintaining taste.
AI & Machine LearningBiotechFoodTechNew Materials
Co-investorsWelltech VenturesJapan AngelsK3 VenturesZORA
Archisen designs and operates controlled-environment agriculture farms in Asian cities to grow ultra-fresh produce for retail partners.
AgTechAI & Machine LearningFoodTechIoTSingapore, SG
Co-investorsThe Yield Lab Asia PacificThe Yield Lab
Atomionics builds quantum-grade gravity sensors (GRAVIO) and AI-powered 3D subsurface modeling (ORE-O) to map underground geology and locate mineral deposits.
AI & Machine LearningClimate TechDeep TechEnergyMobility & TransportationQuantum ComputingSingapore, SG
Sahil Tapiawala(CEO)inRavi Kumar(CTO)in
Co-investors500 GlobalEntrepreneur FirstVU Venture PartnersWavemaker PartnersBHP VenturesIn-Q-Tel+1 more
AutoWealth provides corporate retirement and wealth management technology solutions for employers, offering customizable investment plans and dedicated wealth management support for employee pension and savings programs.
AI & Machine LearningFintechHR TechSaaSSingapore, SG
Ow Tai Zhi(CIO & CEO)inNoel Lee(COO)inMichael Ngien(CTO)in
Zoom offers an AI-first work platform for video communication and collaboration, used by businesses for meetings, contact center operations, and customer engagement.
Cloud ComputingEnterprise SoftwareFuture of WorkSaaSSan Jose, US
Darin Brown(Executive Officer, Director)David Kerr(Director)Eric Tobias(Director)Kelly Shearon(Director)
BoardScott D. Dorsey(Director)
Co-investorsBase PartnersBethnal Green VenturesEIT Urban Mobility AcceleratorElevate VenturesHorizons VenturesICONIQ+5 more
GoComet builds an AI-native platform for global trade and freight logistics, mapping a company's shipping process and running it end to end.
AI & Machine LearningLogistics & Supply ChainSaaSSingapore, SG
Ayush Lodhi(Founder)inChitransh Sahai(Founder)inGautam Prem Jain(Founder)inMehul Katiyar(Founder)in
Co-investorsIndia QuotientLeo Capital VenturesRebright PartnersLeo Capital
Greenitio develops bio-based specialty ingredients that replace petrochemical and microplastic-based materials in cosmetics and personal care, using a patented green chemistry platform to convert natural polymers into biodegradable alternatives.
BiotechCircular EconomyCleantechClimate TechNew MaterialsSingapore, SG
Amit Khan(CEO)inSusmita Roy(Cofounder)inPaul Ceralde(Cofounder)inDidier Vermeiren(COO & Chief Strategy)in
Co-investorsBetter Bite VenturesEntrepreneur FirstSilverstrand Capital
Lotus provides a pricing and billing platform that helps API-based companies automate usage-based pricing models, with features spanning metering, invoicing, and pricing testing; it offers both an open-source self-hosted version and paid cloud/enterprise tiers.
Enterprise SoftwareFintechSaaSNew York City, US
Mikael Nida(Founder)inDiego Escobedo(Founder)in
Co-investorsY Combinator
Lucence develops blood-based diagnostic tests for early cancer detection, hereditary and health risk assessment, treatment selection, and treatment response monitoring.
AI & Machine LearningBiotechDigital HealthHealthtechLongevitySingapore, SG
Co-investorsOpenspace VenturesHeliconia Capital
Propine provides custody services for digital assets held by institutions.
Advanced ManufacturingLogistics & Supply ChainSingapore, SG
Tuhina Singh(CEO)inZan Wong(Founding CTO)in
Co-investorsEntrepreneur FirstWoodstock FundChainFund CapitalDecacorn CapitalLuneX Ventures
Resync provides an AI-driven energy management platform that monitors real-time energy data and uses predictive controls and automation to optimise energy use and indoor comfort in buildings.
AI & Machine LearningCleantechClimate TechEnergySingapore, SG
Emir Nurov(CEO)inJayantika Soni(CTO)in
Co-investorsAugust OneEntrepreneur FirstPresightGGV CapitalGranite AsiaPrasetia Dwidharma
Seed offers mobile banking services tailored to small business owners, providing digital banking tools and support services for business management.
FintechSan Francisco, US
Brian Merritt(Founder/CEO)inRyan Hildebrand(Founder)in
Co-investorsY CombinatorAtomicoDCVC (Data Collective)PranaVenturesSpintop VenturesSystemiq Capital
SpeQtral develops quantum key distribution technology for secure communications, offering both satellite-based and fiber-optic terrestrial solutions to protect critical infrastructure against quantum computing threats.
CybersecurityQuantum ComputingSpace TechSingapore, SG
Robert Bedington(Founder)in
Co-investorsBatshit Crazy VenturesGolden Gate VenturesXoraShasta VenturesSpace Capital
Transcelestial builds laser communication technology that delivers high-speed internet connectivity using compact wireless optical devices as an alternative to fiber.
Cloud ComputingDeep TechDeveloper ToolsHardwareMedia & EntertainmentSpace TechSingapore, SG
Rohit Jha(CEO)inMohammad Danesh(CTO)in
BoardYuichiro Hikosaka
Co-investors500 GlobalBeyond Earth VenturesCapria VenturesChampion Hill VenturesEntrepreneur FirstIn-Q-Tel+5 more
Vycarb builds an aqueous chemical reactor and real-time sensing system that convert industrial CO₂ into stable bicarbonate using water, permanently storing carbon.
CleantechClimate TechDeep TechNew York, US
Garrett Boudinot(Founder & CEO)inGreg Humphries(Chief Operating Officer)inDT Wang(Head of Development)inStephen Jolly(Head of Product)in
Co-investorsBuff Gold VenturesFIGR VenturesMOL SwitchClocktower Ventures
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
AidatechIPOS International
Portfolio news
latest coverage across their companiesSeed · eu-startups.com · Sep 14, 2026
AutoWealth · growbeansprout.com · Jul 30, 2026
Docket HQ · simplywall.st · Jul 18, 2026
Speqtral · techround.co.uk · Jul 17, 2026
Lotus · thequantuminsider.com · Jul 17, 2026
Vycarb · esgdive.com · Jan 28, 2026
Atomionics · arabfounders.net · Sep 24, 2025
Frequently asked questions
- How many investments has SGInnovate made?
- SGInnovate has 23 tracked investments, 3 of which have exited, including 3 dated in the last 24 months.
- What stage does SGInnovate invest at?
- SGInnovate invests at the Seed, Series A stages.
- What is SGInnovate's typical check size?
- SGInnovate typically writes checks of $652K – $18M.
- What sectors does SGInnovate focus on?
- SGInnovate focuses on AgTech, AI & Machine Learning, Biotech, Cybersecurity, Deep Tech, Energy, Fintech, Medical Devices, New Materials, Quantum Computing, Semiconductors, Space Tech.
- Where is SGInnovate located?
- SGInnovate is headquartered in Singapore, SG.
- Does SGInnovate lead rounds?
- SGInnovate has led 3 of the 12 rounds where its role is on record.
- Who does SGInnovate co-invest with?
- SGInnovate most often shares deals with Entrepreneur First, Arboretum Ventures, Lightstone Ventures, among 19 tracked co-investors.
Media · Podcasts & interviews
featuring the teamExcellerator 2023: Dr Lim Jui, CEO of SGInnovate
GlobalBiotechRevolution · Dr Lim Jui
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